The two most anticipated 10x coins on the ETH ecosystem in 2024, directly on 1: SNX, 2, REN!
First of all, 1. The Synthetix protocol has been continuously profitable
2. Optimistic about the ETH/BTC trading pair
3. Staking hotspot
4. Sufficient wash
5. Both are ETH ecosystem coins
Synthetix is a synthetic asset issuance and trading platform on Ethereum, including various cryptocurrencies, leveraged tokens, securities and other traditional asset types.
Users can trade many assets without slippage through Synthetix Exchange.
Renzo (protocol) aims to simplify complex staking mechanisms for end users in the following ways:
1. Simplify the staking process: The Renzo protocol provides a user-friendly interface that allows end users to easily perform staking operations without understanding the complex underlying mechanisms. This lowers the threshold for staking and attracts more users to participate.
2. Cooperate with EigenLayer node operators: The Renzo protocol has established a close cooperative relationship with EigenLayer node operators. This means that when users stake, they can directly choose reliable node operators to ensure the security and yield of the stake.
3. Fast cooperation and active verification services (AVSs): The Renzo protocol supports fast integration with active verification services (AVSs). These services ensure the security of staked assets and optimize returns by actively monitoring and verifying network activities. The Renzo protocol enables users to quickly access these services and improve the efficiency and security of staking.
Overall, the Renzo protocol greatly improves the convenience and security of end users participating in staking by simplifying the user experience, providing reliable node selection, and supporting active verification services.